Looking to buy condos to rent in Philly

[Edward Carrasco]

Greetings, all! I'm a New Yorker but NYC has gotten so expensive! I'm now looking into Philly as prices seem more reasonable. 

Since I'll be more than 2 hours away from philly should anything go wrong I'm leaning towards condos for now. 

I'm looking for insights from some of the more seasoned investors here :-)

[Joseph Scorese]

Hi @.

Welcome to BP!

The condo market in Philadelphia is extremely competitive in the dense city area. There are some solid pockets in the outer rim of the county where the complexes are more buyable based on price point, transportation proximity and make up of the complex (Amenities, etc) This also is based on what you can qualify to purchase. There are some very good buys on the burb like areas of Philadelphia County.

Let me know if you have any questions.

Regards,

Joe Scorese